$GMX Update: Watching for a Potential Bounce
After a strong push-up and liquidity sweep, $GMX is retracing hard. Key focus on the PWL zone for either a bounce or a deeper discount retest.
Setup:
โ Long Entry: If price sweeps PWL and reclaims $14.50 with bullish confirmation
๐ฏ Target: $16+ reclaim of EQH liquidity
โ Invalidation: If price breaks below $13.80 and stalls
Liquidity games in playโif buyers step in at PWL, we ride the move up. Otherwise, let it dip deeper before reloading.
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